All doctors, once they have completed their five years as a medical student, will have to complete their foundation year 1 and 2 (F1 and F2). After this, they will move into either Core or Speciality training for a period of 3 years (CT1/ST1, CT2/ST2, and CT3/ST3). This is NHS typically followed by another 5 years for those in Speciality Training (ST4 to ST8).
NHS trainee doctors are employed on fixed term contracts through NHS trusts, with a typical contract length of 1 year.
We treat NHS trainee doctors on fixed term contracts differently to other fixed term contracts.
Document Requirements:
- Copy of current contract or letter from NHS trust confirming income, hours worked, and start date
- If intending to use higher salary in new contract, then copy of onward contract or let from NHS trust confirming new income, hours worked, and start date
- Latest 1 months’ pay slips (latest 12 weeks’ pay slips if paid weekly)
- If there is overtime, outside of the contractual unsociable hours, then:
- Latest 3 months’ payslips are required, and
- Latest P60
Additional Requirements
- Completed F1 training
- If using higher income on the contract that is yet to start, this can be considered providing we receive a payslip prior to the loan completing that supports the income stated on the contract
- All income is to be added as 100% salary income, this is due to the “unsociable hours incremental weighting” being a contractual element of the customer’s income, i.e. there is no option to opt out
- Any other overtime beyond contracted is hours will be assessed as standard Overtime.